Do we have anybody that has made success through trading, come and clear my doubt. I know that we have long term investors that are still hodling with huge profit.
I have known few people who have been into trading and made success through it but yet they always say that trading is very risky and that anyone who wants to trade should use an amount they can afford to lose while trading and these two people that I have known to be successful traders told me that there are times they also lose a lot of money but they have someone through telegram who sends them signals and out of six signals they get in a day, they can succeed with about 4 of the signals most times and lose with 2 signas. These two guys have achieved and acquired some assets through trading and they even tried putting me through on how trading works but I declined because I don't like involving myself in high risk form of making money and am someone that can't control my emotions if I incur losses so I just rejected their offer because I don't want anything that will trouble my mental health.
This is exactly what I was saying. People who claim to be traders that depend on signals for them to trade are not traders because they don't have the knowledge on how to go about it for them to make profit and there is a high chance that they can run at huge loss any time when the get a wrong signal.
A good trader should figure out his own trading strategy and make profit from it than losses that is when I will say that you are a successful trader. You don't know any successful trader yet.